If i save $200 for 6 months and i get 6% interest,how much interest would i earn in 6 months and what would my $200 be then?
1 answer:
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Answer:
Nat's salary after 3 years = 976562.5 $
Explanation:
Salary of Nat = $500,000
Raise in salary for next three years = 25 % = 0.25
Salary of Nat after 1 year = 500,000 + 0.25 * 500,000 = 625000 $
Salary of Nat after 2 years = 625000 + 0.25 * 625000 = 781250 $
Salary of Nat after 3 years = 781250 + 0.25 * 781250 = 976562.5 $
So, Nat's salary after 3 years = 976562.5 $
Easy Method;
No of years considering = 3
Initial salary = $500,000
Rate of increase = 0.25
Final salary $
Nat's salary after 3 years = 976562.5 $
Answer:
area = 24 yd²
Step-by-step explanation:
convert the dimensions into yards using the conversion
1 yard = 3 feet
24 feet = = 8 yards
9 feet = = 3 yards
area = length × width = 8 × 3 = 24 yd²